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Business, 12.08.2020 08:01 michellestepp2001

A 4 year project has an annual operating cash flow of $55,000. At the beginning of the project, $4,600 in net working capital was required, which will be recovered at the end of the project. The firm also spend $23,100 on equipment to start the project. This equipment will have a book value of $4,940 at the end of the project, but can be sold for $5,880. The tax rate is 35 percent. What is the Year 4 cash flow? a. $65,809
b. $63,422
c. $21193
d. $55,951
e. $65,151

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A 4 year project has an annual operating cash flow of $55,000. At the beginning of the project, $4,6...
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